Ann: Argonaut Appointed as Financial Adviser, page-30

yes it is amazing.

1. the proposal to dilute 357m should have been rejected on day 1. as voiced by forum members. Opportunistic - as it was poorly timed, prior to re-rating catalysts and stalled any momentum, resulting in a drop back to 8.5c.

2. clearly the company at that time, was supportive of the deal, heralding a diversification they had never previously expressed.

So who was right ? What madness proposed? what sanity prevailed and why?

Was it the voice of the forum that woke management to the irresponsible path they were considering?

Good stewardship of our capital, uses 357m shares to finance Ancuabe period. Not start an exploration venture that would blow our issued capital over 2 billion shares before Ancuabe saw daylight.

All we can say, is thankfully they were listening to their constituent members who were brave enough to post their views.